MonitorDirect · GrowthWatch before adding
Mirae Asset S&P 500 Top 50 ETF Fund of Fund
Mirae Asset Mutual FundFund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic)5.1 years
- NAV
- 34.857
- 30 Oct 2026
- 1Y
- +36.8%
- Trailing CAGR
- AUM
- ₹1,031.03 Cr
- 30 Sept 2026
- Volatility
- High
- 28.2% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 30 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · The fund beat the category median in 100% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Prefer peers if · Prefer Baroda BNP Paribas Gold ETF Fund of Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
5.1 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.04% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -29.9%. Ask whether you can hold through a similar fall.
Vs category
Pass
100% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 100.0% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+36.8%
- 3Y+46.6%
- 5Y+26.9%
- 10Yn/a
- SI+27.5%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+58.0%
- 3Y+44.3%
- 5Y+37.2%
- 10Yn/a
- Since inception
- +27.5%
- Calendar-day CAGR
- Excess 1Y
- +32.4%
- Category median, same plan and option
- 3Y win rate
- +100%
- Windows beating the median
- 3Y percentile
- 94
- Vs comparable share classes
- SIP 3Y XIRR
- +44.3%
- Simulated monthly SIP
- Worst rolling 3Y
- +14.6%
- 505 daily-ending windows
- Median rolling 3Y
- +34.2%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 26 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -29.9%
- Worst peak-to-trough
- Current
- -21.4%
- Below last peak
- Current spell
- 42 days
- Days below latest peak
- Time below peak
- +89%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 16 days
- 59 recovered episodes
- Longest recovery
- 364 days
- Trough to prior peak
19 Feb 2025 – 14 Aug 2025
Trough 7 Apr 2025 · recovered in 129 days
-29.9%
18 Sept 2026 – open
Trough 23 Oct 2026 · not recovered
-22.4%
16 Dec 2021 – 15 Jun 2023
Trough 16 Jun 2022 · recovered in 364 days
-21.9%
11 Nov 2024 – 3 Dec 2024
Trough 14 Nov 2024 · recovered in 19 days
-11.0%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
94
Vs category
100
Consistency
91
Risk-adjusted
67
Drawdown
25
Mean
75
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
No status reasons yet. History is still thin.
Supporting reads
- The fund beat the category median in 100% of rolling 3-year windows.
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
Portfolio
30 Sept 2026 · 2 holdings · top 10 are 100.0%.
- Top 5
- 100.0%
- Top 10
- 100.0%
- Largest holding
- 100.0%
- Effective holdings
- 1.0
Mirae Asset S&P 500 Top 50 ETF - Growth
Unspecified
100.0%
Repo
Unspecified
0.2%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Baroda BNP Paribas Gold ETF Fund of Fund
Baroda BNP Paribas Mutual Fund
- 1Y
- +14.7%
- 3Y
- n/a
- Vol
- 33.1%
- Max DD
- -26.0%
- Sharpe
- 0.83
- 3Y win
- n/a
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher volatility · Higher TER · Lower trailing returns
Axis Multi Factor Passive FoF
Axis Mutual Fund
- 1Y
- -7.1%
- 3Y
- +7.9%
- Vol
- 12.4%
- Max DD
- -22.0%
- Sharpe
- 0.25
- 3Y win
- +0%
- Lower volatility
- Shallower drawdown
Caveat: Higher TER · Lower trailing returns
Groww Nifty 200 ETF FOF
Groww Mutual Fund
- 1Y
- -10.1%
- 3Y
- n/a
- Vol
- 18.3%
- Max DD
- -14.6%
- Sharpe
- 0.05
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
Caveat: Higher TER · Lower trailing returns
Groww Nifty 500 Momentum 50 ETF FOF
Groww Mutual Fund
- 1Y
- -4.9%
- 3Y
- n/a
- Vol
- 17.6%
- Max DD
- -17.3%
- Sharpe
- -0.12
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
Caveat: Higher TER · Lower trailing returns
Mirae Asset BSE Select IPO ETF Fund of Fund
Mirae Asset Mutual Fund
- 1Y
- -10.5%
- 3Y
- n/a
- Vol
- 19.5%
- Max DD
- -24.3%
- Sharpe
- -0.00
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
Caveat: Higher TER · Lower trailing returns